Sword Of The Lord With Electronic Edge

Tuesday, September 21, 2010

Vatican bank chief investigated over money laundering claims | World news | The Guardian

Vatican bank chief investigated over money laundering claims | World news | The Guardian: "The head of the Vatican bank has formally been placed under investigation in an inquiry into a suspected violation of Italy's money-laundering laws, judicial sources said today.

At the same time, a judge in Rome ordered a freeze on €23m (19.5m) held in an account opened by the Vatican bank, the Institute for the Works of Religion (IOR), at another financial institution in the Italian capital. It was thought to be the first time such action had been authorised against the IOR in Italy."

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